Cisco Raises FY2026 AI Infrastructure Orders Target to $9 Billion
Cisco now expects to book about $9 billion in AI infrastructure orders from hyperscalers in fiscal 2026, up from a $5 billion target raised in May. The orders are projected to support roughly $62.8–$63.0 billion revenue and about 11% growth versus fiscal 2025, with adjusted EPS guidance of $4.27–$4.29, while the stock trades at about 26 times forward earnings.